For SaleCondominium

SK Mansion

Yuko 2-chome, Chuo-ku, Chiba-shi, Chiba
Asking Price
¥4,000,000
Est. Net Yield: 7.74%
SK Mansion - 1/1
1 / 1

Executive Summary

This is a 5th-floor unit in SK Mansion, a 9-story reinforced concrete (RC) condominium built in April 1974, located in Yuko 2-chome, Chuo-ku, Chiba-shi, Chiba. Transit access is available via Higashi-Chiba Station on the Sobu Main Line, a 7-minute walk away, and Chiba Station on the Sobu Main Line, a 20-minute walk away. The unit has a floor area of 28.9 sqm, a balcony area of 4 sqm, and a 1DK layout. The 107-unit building features common facilities including 2 or more elevators and free bicycle parking. Land rights are ownership, and the zoning is Category I Residential Zone. The property is currently tenanted, and handover is negotiable.

Property Details

Building Area
28.9 ㎡
Layout
1DK
1 bedroom + dining kitchen
Structure
RC
Built Year
1974
Floors
Floor 5 of 9
Earthquake Std.
Old Seismic Standard
Est. Annual Rent
¥490,000
Transport
  • Higashi-Chiba Station
    Sobu Main Line
    Walk 7 min
  • Chiba Station
    JR Sobu Main Line
    Walk 20 min
Transaction Type
Brokerage
Japan Real Estate · Governor of Tokyo (1) No. 113344

Detailed property information

Status & handover

Current status
Leased (tenant in place)
Handover
Negotiable

Land & legal restrictions

Site area (whole building)
1,822.3 ㎡
Land rights
Freehold
Zoning
Category 1 residential zone

Costs besides the price

Parking
No space available

Building management

Management type
Fully outsourced
Building manager
不在
Management company
(株)アドバンス
Owners' association
Yes
Total units
107 units

Please confirm the details in the explanation of important matters before purchase.

Around the property

This summarizes expected hazards, past disaster records, designated hazard zones, city planning, the surroundings (stations, schools, medical facilities and more), population, land prices and transactions around the property, based on data from Japan's Ministry of Land, Infrastructure, Transport and Tourism. The position is estimated from the address, so it can differ from the actual lot near the edge of an area. Hazard areas and records shown are only those published by national and local governments; being outside a published area, or not finding a record, does not mean damage cannot occur. Please confirm details on the municipality's hazard map and in the explanation of important matters given at the time of purchase.

Expected hazards nearby

Flood (maximum expected scale)
Within a published hazard area (expected flood depth 0.5–3 m)Rivers: 都川
Storm surge
Within a published hazard area (expected flood depth 1–3 m)
Tsunami
Not within a published hazard area
Landslide
Not within a published hazard area
Liquefaction
Somewhat likely to liquefyA tendency for each grid cell of about 250 m, based on landform. It is not an assessment of the lot itself.

Please check your municipality's hazard map for details.

Past disaster records

Record of a flooded area
10/1981 (within the recorded area)Source document: 昭和56年10月22日~23日台風24号による千葉県水害報告書 (千葉県土木部河川課)

This covers past disaster records published by national and local governments. Not finding a record does not mean that no disaster occurred.

Designated hazard zones

Steep slope failure hazard zone / Landslide prevention zone / Disaster hazard zone / Large-scale fill land
Not included in the published zones

This covers designated zones and maps published by national and local governments. Building and other restrictions may apply inside a zone. Please confirm the details with the municipality and in the explanation of important matters.

City planning

Urbanization zoning
Urbanization promotion area (designated for urban development)
Zoning (use district)
Category I residential zone
Floor area ratio · Building coverage ratio
Floor area ratio 200% · Building coverage ratio 60%

Because the position is approximate, this may differ from the designation of the lot itself. Please confirm the actual designation in the explanation of important matters.

Surroundings

東千葉 (東日本旅客鉄道)
About 5,526 passengers per day (FY2023)About 290 m in a straight line
千葉公園 (千葉都市モノレール)
About 2,028 passengers per day (FY2023)About 780 m in a straight line
栄町 (千葉都市モノレール)
About 555 passengers per day (FY2023)About 860 m in a straight line
Public elementary school district
院内小学校 (千葉市立)School districts are set by the municipality and may change.
Nearest elementary school
千葉市立院内小学校About 240 m in a straight line
Nearest junior high school
千葉市立椿森中学校About 740 m in a straight line
Nearest high school
千葉聖心高等学校About 450 m in a straight line
Nearest university, junior college or technical college
千葉大学About 1,580 m in a straight line
Nurseries and kindergartens
Within 500 m: 3 / within 1 km: 5
Nearest hospital (within 1 km)
独立行政法人国立病院機構 千葉医療センターAbout 620 m in a straight line / Hospitals within 1 km: 3
Clinics
Within 500 m: 2

Distances are straight-line distances from the property's location, not walking times. Passenger figures are the combined daily boardings and alightings published by the railway operator (annual average). Names of stations, schools and facilities are shown in Japanese.

Population outlook nearby

2025 (estimate)
about 736 people
2050 (estimate)
about 660 people (-10.3% vs 2025)
Share aged 65 and over
31.9% → 31.8% (2025 → 2050)

Data for a grid cell of about 250 m, based on estimates by the Ministry of Land, Infrastructure, Transport and Tourism (starting from the 2020 census). Because the cell is small, it can differ from actual numbers and does not represent the trend of the whole municipality.

Nearby land prices

Residential land · about 233 m
¥161,000/㎡Official land price (Land Price Publication) · 1/1/2026 (+8.1% vs last year)
Commercial land · about 257 m
¥175,000/㎡Official land price (Land Price Publication) · 1/1/2026 (+6.1% vs last year)
Commercial land · about 263 m
¥180,000/㎡Prefectural land price survey · 7/1/2026 (+5.9% vs last year)

Prices of representative lots selected by the national or prefectural government. They do not indicate the price or value of this property.

Nearby transactions

Overview (2025 Q1 – 2026 Q1)
8 records · median ¥175,000 per ㎡ (middle half: ¥157,083 – ¥216,667)Records for Yuko 2-chome, Chuo-ku, Chiba-shi (used condominiums etc.)

Recent records with a similar floor area

2026 Q1
¥3,700,000・35 ㎡・1R・built 1974Contract price information
2025 Q4
¥3,800,000・20 ㎡・1R・built 1988Contract price information
2025 Q4
¥3,200,000・20 ㎡・1R・built 1988Contract price information
2025 Q4
¥16,000,000・60 ㎡・2LDK・built 1974Contract price information
2025 Q4
¥8,900,000・60 ㎡・2LDK・built 1974Contract price information

Records of actual transactions published by the Ministry of Land, Infrastructure, Transport and Tourism. They do not reflect individual circumstances such as floor, orientation or condition, and are not an evaluation of this property's price.

This service uses the API functions of the Real Estate Information Library of the Ministry of Land, Infrastructure, Transport and Tourism, but the timeliness, accuracy and completeness of the information provided are not guaranteed.

Source: Ministry of Land, Infrastructure, Transport and Tourism, Real Estate Information Library (国土交通省 不動産情報ライブラリ). Processed by us for the area around this property.Retrieved: 10/15/2026

Location & Map

Investment Analysis

Gross Yield12.3%
Est. Net Yield7.74%

Based on the rent under the current lease.

Net yield = (annual rent − management fee and repair reserve − property management fee (5.5% of rent)) ÷ (price + purchase costs). Property tax, vacancies and repair costs are not included.

ROI SIMULATION

ROI / IRR Investment Simulation

Gross Yield
12.30%
Est. Net Yield
7.74%
If sold after 10 years (before tax)
Annual return (IRR)
6.4%
Net gain
+¥2,650,000
Gain on total investment +59.0%
Est. Property ValueCumulative Net IncomeNet gain

If sold at the end of each year (before tax)

YearEst. Property ValueCumulative Net IncomeNet gainGain on total investmentAnnual return (IRR)
1yr¥4,000,000+¥350,000¥-480,000-10.7%-10.7%
2yr¥4,000,000+¥700,000¥-130,000-3.0%-1.6%
3yr¥4,000,000+¥1,050,000+¥210,000+4.7%1.7%
4yr¥4,000,000+¥1,390,000+¥560,000+12.5%3.3%
5yr¥4,000,000+¥1,740,000+¥910,000+20.2%4.4%
6yr¥4,000,000+¥2,090,000+¥1,260,000+28.0%5.0%
7yr¥4,000,000+¥2,440,000+¥1,610,000+35.7%5.5%
8yr¥4,000,000+¥2,790,000+¥1,960,000+43.5%5.9%
9yr¥4,000,000+¥3,140,000+¥2,300,000+51.2%6.1%
10yr¥4,000,000+¥3,490,000+¥2,650,000+59.0%6.4%

Assumptions

  • Total investment ¥4,501,000 (price ¥4,000,000 + purchase costs ¥501,000)
  • Management fee and repair reserve: ¥116,400 per year
  • Property management fee: 5.5% of rent (incl. tax)
  • Selling costs (brokerage fee and stamp duty) are deducted from the sale price
  • Taxes (income tax on rent, tax on capital gains, etc.), vacancies, property tax and repair costs are not included

This simulation is an estimate based on the inputs provided and does not guarantee future income or asset value. Actual results may vary due to market conditions, vacancy rates, and interest rates. Investment decisions are made at your own risk; we do not provide investment advisory or agency services.

CLOSING COSTS

Estimated Closing Cost Breakdown

Total Closing Costs (Est.)
¥501,000
Brokerage fee (special rule for properties of ¥8M or less: flat ¥300,000 plus consumption tax)¥330,000
Real Estate Acquisition Tax (est., rate varies by property type)¥70,000
Registration License Tax (title transfer)¥30,000
Stamp Duty (purchase agreement)¥1,000
Judicial Scrivener & Other Fees (est.)¥70,000

For properties of ¥8M or less, the brokerage fee is a flat ¥330,000 including tax under a special rule in the regulations (explained when you sign the brokerage agreement).

These are estimated costs. Property tax and other pro-rated amounts are calculated separately at closing.

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Choose from open times. Online consultations are confirmed right away and we send you a confirmation email. Live viewings from the property and in-person visits are confirmed after we check that the property can be viewed.

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Send us your preferred price and closing timing. After you apply, you will move on to online identity verification (passport IC chip scan and proof of address) and electronic signing of the purchase agreement. You can follow the progress on My Page.

Identity verification under Japan's Act on Prevention of Transfer of Criminal Proceeds (online check and a code sent by international registered mail)
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